India Inverter Battery Market By Type (Renewable and Non-Renewable), By Application (Residential, Commercial, and Industrial), Competition Forecast & Opportunities, 2013 - 2023
According to “India Inverter Battery Market By Type, By Application, Competition Forecast & Opportunities, 2013 - 2023” inverter battery market is forecast to surpass $ 1.86 billion by 2023. Anticipated growth in the market can be attributed to increasing electricity demand, rising urbanization, major government housing schemes such as AMRUT & PMAY coupled with Smart City initiatives, which have resulted in boosting demand for power backup solutions in the residential sector. Moreover, increasing government focus to improve electrification rate in India coupled with technological developments is further expected to positively influence India inverter battery market in the coming years. Few of the major players operating in India inverter battery market include Exide Industries Limited, Luminous Power Technologies Pvt. Ltd, Amara Raja Batteries Limited, HBL Power Systems Limited, Southern Batteries Private Limited, V–Guard Industries, Okaya Power Private Limited, Su-Kam Power Systems Limited, Base Corporation Limited, and Racily Udyog, among others. “India Inverter Battery Market By Type, By Application, Competition Forecast & Opportunities, 2013 - 2023” discusses the following aspects of inverter battery market in India:
- Inverter Battery Market Size, Share & Forecast
- Segmental Analysis – By Type (Renewable and Non-Renewable), By Application (Residential, Commercial, and Industrial)
- Competitive Analysis
- Changing Market Trends & Emerging Opportunities
Why You Should Buy This Report?- To gain an in-depth understanding of inverter battery market in India
- To identify the on-going trends and anticipated growth in the next five years
- To help industry consultants, inverter battery distributor, distributors and other stakeholders align their market-centric strategies
- To obtain research-based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report MethodologyThe information contained in this report is based upon both primary and secondary research. Primary research included interaction with inverter battery distributor, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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- 1. Product Overview
- 2. Research Methodology
- 3. Analyst View
- 4. Voice of Customer
- 4.1. Inverter Battery Brands in Use
- 4.2. Factors Considered Before Purchase
- 4.3. Brand Awareness: Unaided
- 4.4. Brand Awareness: Aided
- 4.5. Brand Satisfaction Level
- 5. India Inverter Battery Market Outlook
- 5.1. Market Size & Forecast
- 5.1.1. By Value
- 5.1.2. By Volume
- 5.2. Market Share & Forecast
- 5.2.1. By Type (Renewable and Non-Renewable)
- 5.2.2. By Application (Residential, Commercial, and Industrial)
- 5.2.3. By Region (North, South, East, and West)
- 5.2.4. By Company
- 5.3. Market Attractiveness Index
- 5.3.1. By Type (Renewable and Non-Renewable)
- 5.3.2. By Application (Residential, Commercial, and Industrial)
- 5.3.3. By Region (North, South, East, and West)
- 6. India Residential Inverter Battery Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value
- 6.1.2. By Volume
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Region
- 6.2.3. By Company
- 7. India Commercial Inverter Battery Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value
- 7.1.2. By Volume
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Region
- 7.2.3. By Company
- 8. India Industrial Inverter Battery Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value
- 8.1.2. By Volume
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Region
- 8.2.3. By Company
- 9. Market Dynamics
- 9.1. Drivers
- 9.2. Challenges
- 10. Market Trends & Developments
- 11. Price Point Analysis
- 12. Policy & Regulatory Landscape
- 13. India Economic Profile
- 14. Competitive Landscape
- 14.1. Competitive Benchmarking
- 14.2. Company Profile
- 14.2.1. Exide Industries Limited
- 14.2.2. Luminous Power Technologies Pvt. Ltd.
- 14.2.3. Amara Raja Batteries Limited
- 14.2.4. HBL Power Systems Limited
- 14.2.5. Southern Batteries Private Limited
- 14.2.6. V-Guard Industries
- 14.2.7. Okaya Power Private Limited
- 14.2.8. Su-Kam Power Systems Limited
- 14.2.9. Base Corporation Limited
- 14.2.10. Racily Udyog
- 15. Strategic Recommendations
List Of FiguresFigure 1: India Inverter Battery Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023FFigure 2: India per Capita Energy Consumption, 2012-2017 (Mega Joule)Figure 3: India Electricity Consumption Share, By Sector, 2017Figure 4: Aggregate Technical & Commercial (AT&C) Losses in India, 2016-2020FFigure 5: Transmission & Distribution Losses in India, 2011-2017Figure 6: India Inverter Battery Market Share, By Type, By Value, 2013-2023FFigure 7: India Solar Energy Cumulative Installed Capacity (GW), By Type, 2013-2018EFigure 8: India Primary Energy Consumption, By Fuel, 2017 & 2023FFigure 9: India Inverter Battery Market Share, By Application, By Value, 2013-2023FFigure 10: India Inverter Battery Market Share, By Region, By Value, 2017 & 2023FFigure 11: India Inverter Battery Market Share, By Region, By Value, 2013-2023FFigure 12: India Installed Capacity of Electricity, By Region, As on 31st March 2017Figure 13: India Inverter Battery Market Share, By Company, By Value, 2017 & 2023FFigure 14: India Inverter Battery Market Attractiveness Index, By Type, By Value, 2018E-2023FFigure 15: India Inverter Battery Market Attractiveness Index, By Application, By Value, 2018E-2023FFigure 16: India Inverter Battery Market Attractiveness Index, By Region, By Value, 2018E-2023FFigure 17: India Residential Inverter Battery Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023FFigure 18: India Inflation Rate, Average Consumer Prices, 2013-2020F (% Change)Figure 19: Budget Allocation for Housing & Urban Affairs, FY2018-FY2019Figure 20: India Residential Inverter Battery Market Share, By Type, By Value, 2013-2023FFigure 21: India Residential Inverter Battery Market Share, By Region, By Value, 2017 & 2023FFigure 22: India Residential Inverter Battery Market Share, By Region, By Value, 2013-2023FFigure 23: India Residential Inverter Battery Market Share, By Company, By Value, 2017 & 2023FFigure 24: India Commercial Inverter Battery Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023FFigure 25: India Gross Domestic Product, Constant Prices, 2013-2020F (% Change)Figure 26: India Commercial Inverter Battery Market Share, By Type, By Value, 2013-2023FFigure 27: India Commercial Inverter Battery Market Share, By Region, By Value, 2017 & 2023FFigure 28: India Commercial Inverter Battery Market Share, By Region, By Value, 2013-2023FFigure 29: India Commercial Inverter Battery Market Share, By Company, By Value, 2017 & 2023FFigure 30: India Industrial Inverter Battery Market Size, By Value (USD Million), By Volume (Thousand Units), 2013-2023FFigure 31: India Total Investments, 2013-2020F (% of GDP)Figure 32: India Industrial Inverter Battery Market Share, By Type, By Value, 2013-2023FFigure 33: India Industrial Inverter Battery Market Share, By Region, By Value, 2017 & 2023FFigure 34: India Industrial Inverter Battery Market Share, By Region, By Value, 2013-2023FFigure 35: India Industrial Inverter Battery Market Share, By Company, By Value, 2017 & 2023FFigure 36: Price Point Analysis, 2013-2023F (USD/Unit)List Of TablesTable 1: India Solar Rooftop Targets Under National Solar Mission, By State & Capacity, 2016-2022F (MW)Table 2: Discom-wise Average Power Cut Duration in India, March, 2017 & March, 2018Table 3: State-wise Target & Achievement of AT&C Losses, By State, As of FY2017Table 4: State-wise Target & Achievement of Domestic Connections, By State, As of FY2017 (Thousand)Table 5: Anticipated All India Power Supply Position, 2018Table 6: State-wise Average Power Cut Duration in India, March, 2017 & March, 2018Table 7: Allocation of Funds, By Project, FY2017-FY2019 (USD Million)Table 8: Prices of Inverter Battery in Delhi-NCR, By Company, As of January 2018